Li Ming, Ministry of Industry and Information Technology: Decentralization should depend on the application scenario

Li Ming, director of the Blockchain Research Office of the Electronic Standards Institute of the Ministry of Industry and Information Technology, said that the blockchain industry is still in the stage of blindness, but this is a necessary stage for the development of the industry. To bring economies of scale to the development of the industry, we must open up cross-chain technology. Regarding the decentralization problem, he said that decentralization or non-decentralization is no longer a simple choice, but should depend on future application scenarios.